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    Accounting Information Systems Study Set 1
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    Exam 8: Revenue and Cash Collection Processes and Controls
  5. Question
    The Custody Responsibilities for Cash Receipts Includes All of the Following
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The Custody Responsibilities for Cash Receipts Includes All of the Following

Question 2

Question 2

Multiple Choice

The custody responsibilities for cash receipts includes all of the following, except:


A) Updating accounts receivable records
B) Opening mail
C) Preparing a list of collections
D) Handling receipts of currency and checks

Correct Answer:

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